Voter Turnout Plunges In Hong Kong After Rules Shut Out Pro-Democracy Candidates – Top Speed News

HONG KONG (AP) — Voter turnout plunged below 30% in Hong Kong’s first district council elections since new rules introduced under Beijing’s guidance effectively shut out all pro-democracy candidates, setting a record low since the former British colony returned to Chinese rule in 1997. According to official data on Monday, 27.5% of the city’s 4.3…

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Evergrande Employees Arrested as Chinese Property Giant’s Crisis Deepens – Top Speed News

Last Updated: September 17, 2023, 07:08 IST The massive debt accrued by the industry’s biggest players. Evergrande had estimated debt of $328 billion (307 billion euros) at the end of June. (File Photo) China arrests Evergrande subsidiary employees as the property giant’s debt crisis deepens, posing risks to the nation’s financial system and property market…

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